CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash investments	$ 992	$ 990
Short-term bank deposits	144	201
Receivables	1,231	917
Prepaid expenses and other	89	114
Inventories:
Finished goods	471	366
Raw material	277	254
Work in process	102	92
Total inventories	850	712
Total current assets	3,306	2,934
Property and equipment, net	1,080	1,060
Goodwill	797	832
Other intangible assets, net	156	154
Other assets	150	157
Total assets	5,489	5,137
Current liabilities:
Accounts payable	960	800
Notes payable	117	2
Accrued liabilities	615	658
Total current liabilities	1,692	1,460
Long-term debt	2,967	2,995
Other liabilities	760	785
Total liabilities	5,419	5,240
Commitments and contingencies (Note N)
Masco Corporation’s shareholders’ equity:
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2017 – 315,400,000 ; 2016 – 318,000,000	315	318
Preferred shares authorized: 1,000,000; Issued and outstanding: 2017 and 2016 – None	0	0
Paid-in capital	0	0
Retained deficit	(288)	(381)
Accumulated other comprehensive loss	(158)	(235)
Total Masco Corporation’s shareholders’ deficit	(131)	(298)
Noncontrolling interest	201	195
Total equity	70	(103)
Total liabilities and equity	$ 5,489	$ 5,137